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$SOL $SOL $SOL

For SOL/USDT Perpetual, here’s an analysis with targets, stop-loss, and trend assessment:🫨
Key Levels
Current Price: 219.91 USDT24h High: 220.77 USDT24h Low: 200.85 USDTSupport Level: 208.71 USDT – recent low point.Resistance Level: 220.77 USDT – current 24-hour high, which may act as resistance.
Target Levels
First Target: 220.77 USDT – aligns with recent highs and serves as an initial target.Second Target: 226.93 USDT – a slightly higher level if bullish momentum continues.
Stop-Loss Level
Stop-Loss: 208.71 USDT – slightly below support, to manage downside risk in case of trend reversal.
Trend Analysis
Price Change: +7.00% over 24 hours, showing an uptrend.Volume: Strong trading volume with 33.75M SOL and 7.16B USDT, indicating strong interest.Moving Averages:MA(5): 737,268.4 – aligns with the current price, supporting the short-term uptrend.MA(10): 1,117,632.6 – confirms upward momentum, as MA(5) is above MA(10).
Summary
Short-term Trend: Bullish, with notable trading activity and an upward trend.Targets: 220.77 and 226.93 USDT.Stop-Loss: 208.71 USDT.
This setup focuses on capturing gains with a stop-loss for risk management, considering the recent volatility and strong buying interest in SOL.

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